Many predict 2005 will be a big year for the business intelligence (BI) market, and the early start seems to have given way to several announcements.
McLean, Va.-based MicroStrategy Inc. ended January with the release of MicroStrategy 8. The new release aims to provide a complete BI platform with reporting, analysis and performance monitoring.
MicroStrategy added functionality to its reporting tool with a new design, allowing business users to dig into reports without IT support. New layout capabilities mean they can also change formatting without support.
The company has also added a new data mining and predictive analysis module to integrate data mining into mainstream reports. The tool can import modules from other venders using predictive modeling markup language.
Additionally, the Enterprise Performance Monitoring application has been redesigned for business users.
Business Objects makes midmarket move
Not to be outdone, Paris-based Business Objects unveiled a midmarket initiative on the same day as MicroStrategy's release.
The initiative includes a launch of Crystal Server XI, a reporting application for small and medium-sized businesses, and an expanded partner and reseller network that has more than 3,000 participants and offers specialized services and support.
Hyperion buys Razza
Meanwhile, Santa Clara, Calif.-based Hyperion Solutions Corp. bolstered its performance management arsenal with the purchase of Razza Solutions Inc., a private software company in Austin, Texas.
Razza provides applications for synchronizing master data across BI platforms, financial and analytical applications, and transactional systems.
Terms of the deal were not disclosed.